NEW YORK, Sept. 29, 2016 /PRNewswire/ -- Harwood
Feffer LLP (www.hfesq.com) is investigating potential
claims against the board of directors of MGT Capital
Investments, Inc. ("MGT" or the "Company") (NYSE: MGT),
concerning whether the board has breached its fiduciary duties to
shareholders.
During 2016, MGT entered into a large transaction through which
it was to list 43.8 million additional shares. On
September 19, 2016, MGT disclosed
that it had received a subpoena from the Securities and Exchange
Commission, and that the NYSE has refused to list 43.8 million
shares.
Our investigation concerns whether the Company board of
directors has breached its fiduciary duties to shareholders,
grossly mismanaged the Company, and/or committed abuses of control
in connection with the foregoing.
If you own MGT shares and wish to discuss
this matter with us, or have any questions concerning your rights
and interests with regard to this matter, please
contact:
Robert I. Harwood,
Esq.
Benjamin I.
Sachs-Michaels, Esq.
Harwood Feffer
LLP
488 Madison Avenue
New York, New York 10022
Phone
Numbers: (877)
935-7400
(212)935-7400
Email:
bsachsmichaels@hfesq.com
Website:
http://www.hfesq.com
Follow us on Twitter: @HarwoodFeffer
Harwood Feffer has been
representing individual and institutional investors for many
years, serving as lead counsel in numerous cases in
federal and state courts. Please visit the Harwood Feffer LLP
website (http://www.hfesq.com) for
more information about the firm.
Attorney Advertising. The law firm responsible for
this advertisement is Harwood Feffer LLP
(www.hfesq.com). Prior results do not
guarantee or predict a similar outcome with respect to
any future matter.
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SOURCE Harwood Feffer LLP